gdp: While he routinely accuses others of lying, many of his economic assertions and promises indeed, his entire view of governance seem worthy of Nazi Germany's big lie propagandists, according to The Guardian. Trump will take charge of an economy on a strongly upward trend, with third-quarter GDP growing at an impressive annual rate of 3.2% and unemployment at 4.6% in November. As in many other areas, Trump's promises and statements on economic policy have been inconsistent. By contrast, when Barack Obama took over in 2009, he inherited from George W Bush an economy sinking into a deep recession. The only way Trump will square his promises of higher infrastructure and defence spending with large tax cuts and deficit reduction is a heavy dose of what used to be called voodoo economics. And, like Bush, Trump is yet another Republican president who will assume office despite losing the popular vote, only to pretend that he has a mandate to undertake extremist policies.
(news.financializer.com). As
reported in the news.
Tagged under gdp, propagandists topics.